Bitcoin withdrawals from 1Bitcoin.ca are typically processed within 1–3 hours during normal business hours:
Monday–Friday, 9:00 AM – 6:00 PM ET
Once processed, the Bitcoin network itself usually confirms the transaction within an additional 10–60 minutes, depending on network conditions.
Typical Withdrawal Timeline
Here’s what happens after you submit a Bitcoin withdrawal request:
1. Withdrawal Request Submitted
You initiate the withdrawal from your 1Bitcoin.ca account by entering your Bitcoin wallet address and confirming the transaction.
2. Internal Review & Approval
Our team reviews and approves withdrawals for security and compliance purposes.
This step is typically completed within:
1–2 hours during business hours
3. Transaction Broadcast to the Bitcoin Network
Once approved, your transaction is sent to the Bitcoin blockchain and assigned a Transaction ID (TXID).
4. Blockchain Confirmations
After broadcast, the Bitcoin network begins confirming the transaction.
Most wallets consider Bitcoin received after:
1–6 confirmations
Approximately 10–60 minutes
Expected Total Processing Time
Under normal conditions, most withdrawals are completed within:
2–4 hours on a business day
Why a Withdrawal Might Take Longer
In some situations, withdrawals may require additional time.
Withdrawals Submitted Outside Business Hours
Requests submitted evenings, weekends, or holidays are typically processed on the next business day.
Additional Compliance Review
Larger withdrawals or unusual activity may require manual verification before approval.
Bitcoin Network Congestion
At times of heavy blockchain activity, confirmations can take longer than usual due to increased network traffic and transaction backlog.
You can monitor live Bitcoin network conditions here:
How To Check Your Withdrawal Status
You can track the status of your withdrawal directly from your 1Bitcoin.ca account.
To Check Your Withdrawal:
Log into your account
Navigate to Transaction History
Locate your withdrawal request
Your withdrawal status will display as one of the following:
Pending — waiting for review
Processing — approved and being prepared
Completed — sent to the Bitcoin network
Once marked as Completed, you’ll see a Transaction ID (TXID).
You can paste the TXID into:
to track confirmations directly on the Bitcoin blockchain.
What To Do If It’s Been More Than 24 Hours
If your withdrawal has not completed within 24 hours, please contact support.
Include the following details in your email:
Your 1Bitcoin.ca account email
Withdrawal amount
Destination Bitcoin wallet address
Date and approximate time of the withdrawal request
Contact:
Still waiting after 24 hours? Email [email protected] with your withdrawal details and our team will investigate the transaction status.